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On 30 April, a three-year insurance policy was purchased for RM18,000 with coverage to begin immediately. What is the amount of insurance expense that would

On 30 April, a three-year insurance policy was purchased for RM18,000 with coverage to begin immediately. What is the amount of insurance expense that would appear on the company's income statement for the year ended 31 December? Select one: a. RM14,000. b. RM4,000. C. RM500. d. RM18,000 e. RM6,000

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